Compensation of insurer's or insured's claims adjuster.

Utah Code § 31A-26-310, under Part 31A-26-3: Claim Practices.

Utah Code § 31A-26-310

31A-26-310. Compensation of insurer's or insured's claims adjuster.

(1) Except as provided in Subsection, an insurer or an insured may not pay a person who is representing the insurer or insured in connection with an insurance claim adjustment on any basis that is dependent, in whole or in part, upon the amounts paid an insured or claimant under an insurance policy. (2) Subsectionincludes payments to: (1)(a) an employee of: the insurer; or the insured; an independent contractor; or a public adjuster.

(2) Subsectiondoes not prohibit a compensation arrangement: (1) based upon the overall profitability of the insurer; based upon the discovery or proof of fraudulent insurance claims; or conforming to an order or rule of the commissioner that addresses the compensation of persons engaged in insurance adjusting on behalf of: an insurer; or an insured.